$7,500,000

10505 San Diego Mission Rd, San Diego, CA 92108

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon1.18acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 years ago

Property Description

Variance granted Lot/Land. Unparalleled investment opportunity at the gateway to San Diego State University's upcoming Mission Valley Campus. Capitalize on "complete communities" incentives that offer a generous FAR of 4.0 on this prime 51,389 SF site (2 parcels), allowing for approx. 200,000 SF of buildable residential space in a location on the brink of a renaissance. 1/4 mile from the forthcoming SDSU Mission Valley Campus & within the “special attention area” Trolley Station Design District under the Mission Valley Community Plan, this site offers future residents an oasis of urban living, complete w/ quality jobs, immediate access to unrivaled retail & entertainment, as well as green spaces & mobility infrastructure that encourage healthy outdoor living. The SDSU Mission Valley Campus plan includes a River Park with 80+ acres of recreation & open spaces, bike & pedestrian paths, bridges & plazas; an expansive 95,000-SF retail hub w/ shopping, dining & entertainment; 1.6 million SF of research & innovation space; hotel & conference space; & Snapdragon Stadium, a hotspot for world-class sports events & musical performances. The existing office building & 7-Eleven generate stable, near-market rents, offering a financial cushion during the permitting process. Please see the Offering Memorandum for more details & 2 pro formas of potential development scenarios. Don’t miss your chance to benefit from SDSU’s & the City’s major investments in the revitalization of an area with already high rental demand, which will only continue to rise. This is an asset to keep in the portfolio for generations to come!

Listing Status:
Active
Date Added:
October 25, 2023 at 05:00AM
Listing Office:
Empey Realty : 858-230-8644
Listing Agent:
Lauren Empey : 949-433-9899
MLS ID:
230021039SD
  • Parking: Parking spaces: 0
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS
  • County: San Diego
  • Topography: Level
  • Zoning: 4340410600
  • Fencing: None
  • Utilities: See Remarks
  • Source: CRMLS

This listing courtesy of Lauren Empey, Empey Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Juarez Elementary School

2633 Melbourne Dr, San Diego, CA, 92123

Grades KG-5

1.00 miles away

T

Taft Middle School

9191 Gramercy Dr, San Diego, CA, 92123

Grades 6-8

1.65 miles away

H

Hoover High School

4474 El Cajon Blvd, San Diego, CA, 92115

Grades 9-12

2.12 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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